Market under geopolitical pressure
This week, the cryptocurrency market experienced serious turbulence due to the escalation of the conflict in the Middle East. Following reports of Israeli strikes on Iranian targets, the price of Bitcoin fell below $103,000, and the total market capitalization of the cryptocurrency market declined by more than $140 billion. Later, BTC partially regained its positions, settling in the $105,000–107,000 range.
Ethereum also lost about 5%, dropping to $2,510.
Alternative tokens (Solana, Cardano) fell by 2–3%, while XRP unexpectedly rose by 2–2.4%.
The fear and greed index remains in the “Greed” zone (~60), but amid instability, it could quickly shift to the “Fear” zone.
How is the war between Israel and Iran affecting the crypto market?
- Increased volatility:
- Like traditional risky assets, cryptocurrencies reacted sharply to the escalation of the conflict. Investors sought more stable instruments.
- Failure as “digital gold”:
- Against the backdrop of the geopolitical crisis, Bitcoin has not become a reliable safe haven, unlike real gold, which has risen in value.
- Inflation risks:
- Potential oil price increases and rising inflation could influence central banks’ monetary policy, putting pressure on risky assets, including crypto.
- No panic on the blockchain:
- On-chain data does not show any mass sell-offs — large holders (whales) are mostly holding their positions. Futures markets remain stable.
Short-term and long-term forecasts
June forecast:
- BTC is likely to fluctuate between $105,000 and $110,000 until clear news emerges from the front.
- An escalation of the conflict could push the price below $100,000.
- If the situation stabilizes, growth to $115,000 is possible.
3–6 month forecast:
- Bitcoin is expected to rise to $120,000–125,000, especially if institutional investment continues and global risks decline.
- Sustained interest in crypto as an asset class is confirmed by ETF flows, the expansion of DeFi, and initiatives by major investors.
Long term:
- With a favorable macroeconomic environment and an improved global regulatory environment, Bitcoin could reach $150,000+ within 12 months.
https://www.fixygen.ua/news/20250617/oglyad-kriptovalyutnogo-rinku-vid-fixygen-vpliv-konfliktu-izrayilyu-ta-iranu.html
CRYPTO MARKET, CRYPTOCURRENCY, IRAN, ISRAEL
